As we first reported earlier this year with respect to the proposed development of the parking lot at the corner of Brannan and Stanford down in South Beach:

Currently a 94-space parking lot down near the ballpark, plans to build a five-story building with roughly 100,000 square feet office space over either 7,000 square feet for ground-floor retail/restaurant use or additional commercial space at 345 Brannan Street have received a Preliminary Mitigated Negative Declaration from Planning [which is good thing if you’re the developer].

A 4,000 square foot roof deck for tenants would be constructed atop the 65-foot-tall building while an underground garage for 26 cars would be built below.

Assuming approvals from the Planning Commission, and no extended delays or appeals, construction on the proposed 275-foot deep building is currently scheduled to start this summer and last for ten to twelve months.

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Comments from “Plugged-In” Readers

How about some “publicly” accessible open space? Private roof deck? Parklet??? What the hell? So whats up with this landhog?
I know for a fact the project next door is proposing providing publicly accessible open space….with a elevator.
345 Brannan does nothing for me architecturally…ugly…..
How about a 25 foot set back and some plaza space in front? Parklet??? You must be kidding?

Every square foot of setback would cost one square foot of retail and four square feet of office above. What is that, maybe $200/square foot of setback/year?
Okay, maybe public space is worth $200/square foot/year.
So what about parklets? If the public space is worth that much, an area the size of one parking space is worth $75/day, 365 days a year.
Yet some people will strongly oppose parklets because they supplant “valuable” parking, while finding setbacks to be a great use of the city’s land…